A global currency for a global economy

Abstract

It is noted that dollar domination in the international allowances and transactions has its drawbacks. It is emphasized that at this conjuncture it is necessary to raise a role and use of SDR as the international reserve asset. Feasibility of a binding of national currency to SDR, instead of to dollar or euro is proved. It is specified that to provide the increased stability of the real effective exchange rate. In work it is in detail described important benefits of the offered world currency.